Flywire, a provider of cross-border payments and receivables solutions for businesses, schools and healthcare providers announced news on Tuesday (Aug. 28) that it is helping schools in Ireland comply with a recent government regulation regarding tuition payments made from outside Ireland. In a press release, Flywire...
Cars for international students can be a surprising complicated issue. Buying a car outright can be a hassle — it’s costly, and it might just be one more thing to sell off after graduation. Leasing might seem like the ideal option, but that, said Jeff Althaus, executive...
Selling goods across borders is a big opportunity for small businesses in the U.S. and around the world. That’s not lost on them. The trouble is in how to get started — so most just don’t. According to new figures released by PayPal about the growing digital...
In international business news this week, Payoneer, a cross-border payments company, officially unveiled a new office in London on Tuesday (June 20). In a press release, Payoneer said it has seen an increase in demand for U.K. merchants looking to expand beyond the EU, as well as digital marketplaces and...
Cross-border retail is on its way to becoming a $1T business opportunity and online marketplaces are leading the way, according to the latest PYMNTS.com X-Border Payments Optimization Tracker™. But those marketplaces are only as vibrant as the speed at which payments end up in sellers'...
By 2020, some 940 million cross-border shoppers are expected to spend $1 trillion on eCommerce, or online payment, transactions. For marketplaces, this growth in cross-border trade means processing, accepting and making mass payments in multiple currencies, which comes with a host of complications, ranging from...
Shougang Group, a state-owned steel company in China, is reportedly on the hunt for assets to purchase that are outside of its main business and its country. According to a report in The Financial Times, the steel company in China started working with bankers and...
The European Commission has proposed legislation that could remove some of the regulations that is limiting cross-border eCommerce between EU members. According to a report, the move on the part of the European Commission comes as it acknowledged it is not functioning as smoothly as...
OANDA said Wednesday (May 16) that it had partnered with Western Union Business Solutions to offer cross-border money transfers, via OANDA Money Transfer. The multi-asset trading and FX solutions provider said that the new service allows customers to set up accounts and send money across...
